2017 MNT to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MNT to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MNT to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 9.6211. Conversely, the yearly low was recorded on September 19, dropping to 8.3017.
This high-to-low spread represents a total annual volatility of 1.3193 STD. From a start-to-finish perspective, comparing the January average rate of 9.2903 to the December average rate of 8.5084, the exchange rate registered a net change of -8.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 9.6211 was down 15.59% compared to the 2016 peak of 11.3982, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MNT to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.3070, compared to 8.5478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7592 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.6399 STD (High: 9.1693 / Low: 8.5293). On the other end, October was the most stable month, with a tight range of 0.1119 STD (High: 8.5483 / Low: 8.4365).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3710 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 9.4658) against the same month in 2016 (average: 10.7224), the exchange rate shifted by -1.2566 (-11.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.4280 | 9.1909 | 9.2903 |
| February | 9.4182 | 9.2163 | 9.3156 |
| March | 9.4450 | 9.2213 | 9.3326 |
| April | 9.6211 | 9.3010 | 9.4658 |
| May | 9.3878 | 9.0434 | 9.2112 |
| June | 9.3508 | 9.0607 | 9.2266 |
| July | 9.1693 | 8.5293 | 8.8775 |
| August | 8.5762 | 8.4409 | 8.5065 |
| September | 8.5114 | 8.3017 | 8.4067 |
| October | 8.5483 | 8.4365 | 8.4884 |
| November | 8.5480 | 8.4085 | 8.4993 |
| December | 8.5614 | 8.4439 | 8.5084 |